Putting it simply, Vinco Ventures (NASDAQ:BBIG) is the kind of penny stock that’s a hard pass in normal market conditions. But, of course, what we have seen play out in the past year has been anything but normal. With phenomena like “meme stock madness,” rolling the dice on something like BBIG stock has become a
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Over recent publications, I’ve been generally skeptical about QuantumScape (NYSE:QS). Although the company has groundbreaking potential for its research and development of solid-state batteries (SSBs), putting your money into the mix is another matter. But eventually, even something as disappointing as QS stock may get its day in the sun. Source: Michael Vi / Shutterstock.com
Traders at the New York Stock Exchange. Source: NYSE The market is churning at record levels as Covid fears ramp up and political uncertainty swirls, but there are still buying opportunities for investors. On Tuesday, Stephanie Link of Hightower Advisors, Josh Brown of Ritholtz Wealth Management, investor Pete Najarian and I joined Scott Wapner on
In this article ZG DIDI DKNG WEED-CA NVAX GCI Check out the companies making headlines before the bell: Canopy Growth (CGC) – The Canadian cannabis producer’s shares rose 1.9% premarket after it posted an unexpected quarterly profit on rising marijuana demand and cost cuts. The gain comes even as revenue falls short of Wall Street
Although American society appears to be firing on all cylinders following the devastation of the novel coronavirus pandemic, a recent report from Reuters revealed just how devastating the crisis was. On an annualized basis, the U.S. economy contracted 19.2% from its fourth-quarter 2019 peak. This stark data confirmed that the “Covid-19 recession was the worst
Inflation has definitely penetrated the U.S., as the June U.S. producer price index jumped 7.3% year-over-year and 1% month-over-month. The YOY surge was the highest on record. Investors looking for a conservative way to combat the inflation, which will probably stay elevated for at least the next year, should consider safe, high-yield stocks. Certainly, a
Meme stocks have dominated in 2021, and SOS Limited (NYSE:SOS) has benefited from the trend of irrational exuberance in investments. If you’re considering taking a position in SOS stock, there are a few things you should know first. Source: Mark Agnor / Shutterstock.com From its unfocused business model to its shaky fundamentals, SOS Limited is
When it comes to innovation, one company in the market stands apart from the rest, and that’s Square (NYSE:SQ). Source: Piotr Swat / Shutterstock.com Square is the quintessence of innovation – the model company for leveraging innovative business expansions to drive huge revenue growth, year after year. The company started out in 2009 by selling
Virgin Galactic’s passenger rocket plane VSS Unity, carrying Richard Branson and crew, begins its ascent to the edge of space above Spaceport America near Truth or Consequences, New Mexico, U.S. July 11, 2021 in a still image from video. Virgin Galactic | via Reuters Virgin Galactic delivered second-quarter results after the market closed on Thursday
In this article DBX SPCE BYND TRIP Virgin Galactic’s passenger rocket plane VSS Unity, carrying billionaire entrepreneur Richard Branson and his crew, lands after reaching the edge of space above Spaceport America near Truth or Consequences, New Mexico, U.S., July 11, 2021. Joe Skipper | Reuters Check out the companies making headlines in after-hours trading.
One of the biggest financial decisions in life is buying a home. Homeownership allows one to build home equity and deduct mortgage interest from their taxes. A home could potentially increase in value over time, and there are intangible benefits such as having greater control over renovations. When an individual buys a home, monthly expenses
Download Preston’s 1 page checklist for finding great stock picks: http://buffettsbooks.com/checklist Preston Pysh is the #1 selling Amazon author of two books on Warren Buffett. The books can be found at the following location: In lesson four, we learned that a share of a business is one unit of the overall business. For example, if
Purchasing a stock that’s being pumped up by hype is going to give you a recipe for disaster. Pump & Dump Concept What does the Pump & Dump concept mean to you when it comes to your trades? More importantly, what does Pump & Dump mean? It means that a group, entity, or person is
Two Companies with Strong Balance Sheets.
In this article ASTR Rocket 3.2 lifts off on December 15, 2020 from Kodiak, Alaska. John Kraus / Astra Publicly traded rocket builder Astra will go for its first launch of the year later this month, aiming to carry a Pentagon payload to orbit. “The Space Force is right now lined up to do a
Check out the companies making headlines before the bell: Moderna (MRNA) – Moderna shares fell 2.4% in the premarket, despite reporting better-than-expected earnings and revenue and saying its Covid-19 vaccine is 93% effective after 6 months. Moderna earned $6.46 per share for its latest quarter, beating the $5.96 consensus estimate. Cigna (CI) – The insurance
SoFi Technologies (NASDAQ:SOFI) stock has, on balance, gone nowhere in 2021. It’s also, potentially, the Amazon.Com (NASDAQ:AMZN) of the fintech space. Source: rafapress / Shutterstock.com That’s because SoFi is two companies. One is the customer-facing bank and brokerage firm, the one with the ads reading “Save, spend, earn, borrow and invest – all in one app.”
Telecom titan AT&T (NYSE:T) is a company that your grandparents might have invested in. I consider T stock to be an all-wealth holding – something that offers security through both good and bad times. Source: Jonathan Weiss/Shutterstock Still, even a huge company like AT&T has to execute as the stakeholders expect results, quarter after quarter. The
So far crypto mining company SOS Limited (NYSE:SOS) has not released either its Q1 or Q2 earnings (in this case losses) or its balance sheet. That makes SOS stock nothing more than a gamble right now. Source: Mark Agnor / Shutterstock.com As I wrote in my last article on SOS stock, I expect that it will
It is time again to write another article about Naked Brand Group (NASDAQ:NAKD), as potential investors have more reasons to skip the company and not buy shares of NAKD stock. Source: Shutterstock I wrote an article back in February 2021 titled “5 Key Reasons to Avoid Naked Brand Stock.” The factors that supported my opinion